Tracking My Finances In 2011: May Week 3

I have decided to post my weekly spending for the previous week on Fridays so you know how my cash has been flowing for the week. Please note that I get paid on the last day of the month so my cash flow net effect will usually be negative until the last day of the month.

This does not mean that I am adding to my debt, it just means that the money coming in is less than the money going out because bills are due starting on the first but I don’t get paid until the last day.

So again to clarify (since I get so many questions), this shows the cash FLOW for the month. On Day 2 of every month I will have a negative FLOW because I have paid rent etc so money has LEFT my checking account. I have not had any money come in on Day 2 of the current month since I got paid on day 27 or 30 or 31 of the previous month so that income is counted for LAST month.

twentyIncome for the month to date: $623.34

Expenses for the month to date: $1665.48

Net effect: -$1042.14

Since the last posting I spent $20.64 on gas to fill up the tank for a trip out of town last weekend and I also spent $22 to get a fill up on the gas tank of the person I was carpooling with for part of the trip.

It cost me $18 to get movie tickets for Fast Five, which was completely worth it!!!!!

Income for the week was $9.99 from my Lending Club investments and the electric bill came in at $66.57. I also got a refund check of $377.97 from the hospital for overpayment of fees due to the surgery. I am still waiting on the bill from the anesthesia so this is money that is welcomed and will be sent off to the Health Savings Account to pay towards that bill.

I will see you guys and gals later as I continue my journey to save money and become debt free!!!!

Author: Lulu

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